UK pumps cold cash into green freight with new £7M tech fund

On Monday, the UK government launched a £7M tech fund aiming to decarbonize the freight industry and improve transport links. Over the course of three years, the Freight Innovation Fund (FIF) will go to up to 36 SMEs to develop innovative technologies that can make industrial transport more “efficient,” “resilient,” and “greener.” “Each year in the UK, we transport 1.6 billion tonnes of freight using many different modes of transport, and it has never been quicker or easier,” Nicola Yates OBE, CEO at Connected Places Catapult — the government’s innovation accelerator — said in the associated press release. “The freight…

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